In a statement to this publication, founding partner Mr Tom Roche said:  "Paul has joined Tom Roche and Associates to lead the development of our private banker search service and support our clients in identifying and hiring the talent required for their business building and strategic initiatives across Asia. With a second to none understanding of the strategic drivers currently influencing the private banking industry and an unsurpassed private banker contact list, we are delighted to welcome Paul on board".

Davies' career spans more than 40 years and he has worked in UK, Switzerland, India and Asia. He spent 15 years in Singapore, where he led Coutts development of their high net worth Clients in the city-state, Malaysia, Indonesia, Thailand, and global non-resident Indians. Prior to retiring in 2014, Davies was Coutts vice-chairman for Southeast Asia.